Spread Trading Diary and New Account Opportunity

[Simon Galloway]

Day 2:

1:30 F  Dusk/Prophete De Guye  -0.75 YR CH.

Fancy this one quite strongly, so I have had a double bet, so for the diary bought Dusk OVER P.D.G at 0.75 for £4

[TheChipPrince]

Day 2:

1:30 F  Dusk/Prophete De Guye  -0.75 YR CH.

Fancy this one quite strongly, so I have had a double bet, so for the diary bought Dusk OVER P.D.G at 0.75 for £4

can you just expand a little more on the maximum win/loss for said bet.  And why the fancy on this one please?

[Simon Galloway]

can you just expand a little more on the maximum win/loss for said bet.  And why the fancy on this one please?

Maximum makeup for this bet is +15 (if our horse beats the other horse by 15 lengths or more) and worse result is -15 (for the opposite result)

I had to pay 3/4 of a length to get this bet, my horse won the race and the horse I opposed (the fav) fell at the first.  Always nice.  Hence the bet settled at +15, which gives a profit of 14.25 * our £4 stake =£57 profit.  Had it been the other way round, I would have lost 15.75 * £4 = £63. 

As for why the fancy, I did say I wouldn't divulge everything about what I am looking for, but I did watch Dusk win last week and thought he was thrown in for this off a featherweight.  I generally like opposing favs, particularly ones that have to carry a massive weight, and particularly those with a propensity to fall over.  Had I been super shrewd, I may have been given 3/4 of a legth head start, rather than having to pay 3/4 of a length, so I didn't max the value out of this bet, I read the market wrong and got a worse price.  I also wasn't impressed with Dusk's jumping in the race, but when your opponent falls at the first, it isn't much of a sweat, you just need to have your horse cross the finish line to collect.

Running Total: +£47

[Simon Galloway]

Day 3:

2:10 Market Rasen  Nirvana Swing / Hockenheim 0 - 1.5

I have bought Nirvana Swing OVER Hockenheim @ 1.5 for £2

At first glance I thought it was going to be another bad day's racing.  It probably is from a pureist's point of view, but quite a few bet possibilities today with some interesting match-ups between horses that are problematic jumpers, returning from long lay-offs etc.  My bet is an example of that, Nirvana Swing should easily get the trip and is fairly weighted, it might not win the race of this mark, but it only has to give a pound away to Hockenheim who has had 248 days off and was an uncertain jumper to put it mildly last year.

I have only looked at the Market Rasen Card, I am now going to have a quick scan of Clonmel, but I rarely get involved in Irish racing unless something sticks out by a mile.

[ripple11]

Had a Sporting Index account for ages......but hardly used it in years. There's a few quid in there so , happy to follow your fancies for a bit of fun!

 

[Simon Galloway]

Nirvana Swing won, but the other horse came second, after a mix of tidy jumping and several expected mistakes, one of which I was hoping would leave it riderless.

Anyway, +£6 on the bet.

Running total +£53

[Simon Galloway]

I've been asked a few questions which I may as well answer on here, apologies for any para-phrasing:

1. What if I still don't understand it?
Best thing to do would be to leave well alone.

2.  Do I have to take your selections?
No, in fact the opposite is true.  The and Cs of the promotion forbids organisation of bets from a common source.  I am merely putting up some tips for a bit of interest and to show examples of the P&L you might have en route to your free bet.  Closer scrutiny on the promotion suggests you would be better off choosing football supremacy bets as the minimum stake/risk associated with this bet is lower.  However, I am total crap at betting on football and will be sticking to NH racing.

3.  How much do you (I) really make from me?
There is no affiliate scheme, I literally get out of it the free bet I declared in OP.  I won't have access to your account nor make "rakeback equivalent" or anything else from it on an ongoing basis.

4.  What if neither horse wins?
It doesn't matter.  It is as if the race only consisted of these 2 horses.  Everything else can finish in front, inbetween or behind the named horses.  I like it because it means you only have to consider the 2 horses in the match and not have to study everything else in the race to work out what else might have a chance.

[Acidmouse]

Lets say you give me X amount to creat an account on one of these, i make a bet with 100 quid risk but this wont happen i play safe and hedge my loses. I give you back the said amount and we freeroll with the free bets we both get?

Legal or not?

[Simon Galloway]

Lets say you give me X amount to creat an account on one of these, i make a bet with 100 quid risk but this wont happen i play safe and hedge my loses. I give you back the said amount and we freeroll with the free bets we both get?

Legal or not?

It probably isn't illegal, but it certainly is against the rules of the promotion.  Further, you can't play safe and hedge your losses, to qualify for the promotion your bet must have a genuine risk of £20 for each of 5 seperate bets. 

Under the promotion, you have several choices of free bet you can take, one of which is £100 cashback.  So, if your qualifying bets led to a profit or manageable loss, you could take a freeroll with a nice sized bet.  If all your qualifying bets turned to custard and you were £100 down, you could scramble out of it by taking the $100 cash back offer.

I'm not looking to anything outside of the spirit of the promotion, I think it is a +EV shot to take for anyone.  If the spread companies are happy to throw money at a promotion like this in the pursuit of new business, that's fair enough.

[Acidmouse]

sounds fair do's. Let me get home from work and see which one i have an account with. I recall only having one spread betting account that I have not used for ages.

[Simon Galloway]

Day 4:

1:30 Wincanton Baseball Ted / Digital Media 0.25 - 1.75

I have SOLD this spread (I want Digital Media to finish first) at 0.25 for £2 a length.  iOW I receive a 1/4 length spot.

Also in the 3:00 Wincanton  Classic Clover / Tarquinius 0 - 1.5

I have BOUGHT this spread at 1.5 for £2 a length.  A slight concern over why Tizzard wants to ride Triggernometry instead, but I keep getting drawn back to the race, so I am on.

[ripple11]

Day 4:



Also in the 3:00 Wincanton  Classic Clover / Tarquinius 0 - 1.5

I have BOUGHT this spread at 1.5 for £2 a length.  A slight concern over why Tizzard wants to ride Triggernometry instead, but I keep getting drawn back to the race, so I am on.

 just seen this and..... now 2.5 -4, so I'll leave it.

[Simon Galloway]

just seen this and..... now 2.5 -4, so I'll leave it.

Good idea!

I was robbed in the first match.  Correct to oppose Baseball Ted, his race was over very early doors, but then mine couldn't be bothered to finish when beaten 2 out, but under no distress to get round, the jockey cba.  Bet was void as neither got round.

2nd match I got wrong, settled -15 for a loss of £33

Running total +£20

[Simon Galloway]

Day 5:

1:15 Kelso  Charingworth / Fabalu 2.25 - 3.75

I have bought Charingworth over Fabalu for £2 a length @ 3.75.

As a general rule I try and find betting ricks where I can take my choice of horse AND receive lengths head start.  3.75 is about as much as I ever like to pay; my maximum upside now is (15-3.75)=11.25 lengths whereas my maximum downside is (15+3.75) = 18.75 lengths.  I am generally looking to take on bets where it is the other way round, but I like Charingworth here, so I am on.

There are a few other interesting matches today, most of which I have marked up for 'should move a length in my favour' before the off.

[Simon Galloway]

[  ] gg fell at teh first FML.

Bet settles at -15, which means -£37.50

Running total -£17.50